According to TheWrap, while Roadside Attractions didn't spend like a major studio for a campaign, Redford didn't do much campaigning either.

"Would it have been wonderful to be nominated? Of course, but I'm not disturbed by it. I'm fine," Redford said in front of a packed house at the Egyptian Theater.

The Sundance founder said, "I don't want it to get in the way of why we are here."

"These films are reliant on campaigns. It can get very political," said Redford, again, letting it get in the way of why they were there. He said Hollywood is a business and one he respects.

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"The film I made with J.C. Chandor is something I'm very proud of. It was for me a pure cinematic experience. For me as an actor, it gave me a chance to go back to my roots," said Redford, who has only been nominated once before as an actor for his work in 1973's "The Sting."